Record-breaking bitcoin leads stock market surge

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Futures on Wall Street rose today, and bitcoin traded above $82,000 for the first time following a record-breaking week, according to the Associated Press. Futures for the S&P 500 were up 0.4%, and futures for the Dow Jones Industrial Average rose 0.4%.

Bitcoin hit a fresh record, rising to $82,493 in early trading, according to Coindesk. The most popular digital token has been extending a rally that began after the reelection of former President Donald Trump, who has embraced cryptocurrencies and pledged to make the United States the world crypto capital.

Shares of Trump Media & Technology Group rose 7.5%.

Tesla shares added 7% after gaining 29% last week.

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Humana shares tumbled 7% in the premarket after Cigna said it was not pursuing a merger with its rival health insurer. Cigna reaffirmed its previous financial guidance and its shares rose 8.3%.

U.S. benchmark crude oil lost 8 cents to $70.30 per barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the international standard, gave up 20 cents, to $74.07 per barrel.

The dollar rose to 153.79 Japanese yen from 152.62 yen.

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